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Money & The Economy

Wall Street Has AI-Induced Bloodbath As Exchange Has Worst Day Of Year
Wall Street suffered its worst selloff since April 2025 Thursday when fears of a slowdown in America’s artificial intelligence boom…
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Money & The Economy

Job Openings Rise, But There’s More To The Story
The number of available jobs in the U.S. increased in September, partly due to state and local government gains, while…
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Science, Technology, and Social Media

Turns Out AI Is Taking Sledgehammer To Job Gains Afterall
Industries adopting artificial intelligence at higher rates are experiencing weaker employment growth and higher unemployment, according to Goldman Sachs research…
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Money & The Economy

Dem Mayor Revives Pre-2008 Mortgage Playbook That Helped Fuel Housing Crisis
Democratic Philadelphia Mayor Cherelle Parker said Tuesday that the city hopes to launch a publicly backed mortgage program before the…
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Money & The Economy
Not Everyone At Fed Was Gung-Ho About Keeping Rates Steady: Here’s Why 2 Dissenters Bucked The Crowd
Federal Reserve Gov. Lisa Cook and Cleveland Fed President Beth Hammack broke with their colleagues Wednesday, voting to raise interest…
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Money & The Economy

Wealthy Americans Fueling Disproportionate Share Of Consumer Spending
America’s wealthiest households account for an outsized share of consumer spending, according to Federal Reserve research published Oct. 9, raising…
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In The News
Businesses Warn Another Round Of Price Increases Could Be Coming
American businesses warned that higher energy costs could drive additional price increases as existing contracts expire, according to a Federal…
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Science, Technology, and Social Media

AI Agents Pose New Security Headache For America’s Biggest Banks
Major U.S. banks moved to restrict third-party artificial intelligence agents from accessing customer accounts Thursday amid growing concerns over the…
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Money & The Economy

Americans Already Worried They Won’t Be Able To Afford Christmas This Year, Plan On Using Buy Now, Pay Later
Americans are planning to borrow for holiday purchases before Halloween has arrived, with many already anticipating repayment trouble, a survey…
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Money & The Economy

Will Trump’s Emergency Heating Oil Release Lower Winter Bills?
The Trump administration announced Wednesday it would release up to 315,000 barrels of emergency heating oil as Northeast households face…
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Money & The Economy

America’s Job Market Looks Healthy. Hiring Tells Another Story
Americans filed near-historically low numbers of new unemployment claims Thursday, even as slowing hiring and weak job creation exposed a…
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Entertainment, Health and Lifestyle

Airbnb Finally Cracks Down On Hosts Treating Guests Like A Free Maid Service
Airbnb announced Tuesday it would crack down on hosts requiring paying guests to wash dishes, strip beds and complete other…
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Money & The Economy

Young Americans Lead Credit Card Spending Surge As Cost Of Living Squeezes Paychecks
Gen Z and millennial customers recorded the fastest growth in credit card spending at Synchrony Financial during the third quarter,…
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Money & The Economy

American Dream Of Homeownership Slips Further Away As Construction Falls
American homebuilders broke ground on fewer houses in September as surging mortgage rates and construction costs delivered another setback to…
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Money & The Economy

More Americans Turning To Skyrocketing Car Loan Payments Just To Afford Vehicle
More than one in five Americans financing new cars are now committing to monthly payments of at least $1,000, a…
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